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Chicago’s combined state and local taxpayer debt burden worst in the nation

By Justin Carlson
06/07/2022
Fiscal watchdog Truth in Accounting reports every Chicagoan is on the hook for $135,700 when combining city and state debt.

TAGS: Chicago, tax burden, Truth in Accounting

Illinois’ financial condition worsens despite receiving billions in federal aid

By Justin Carlson
10/01/2021
A new report from watchdog Truth in Accounting shows each taxpayer’s share of state debt has nearly doubled since 2009 to $57,000 as total debt increased by $10 billion—mostly due to pension obligations.

TAGS: budget, debt, Illinois, Truth in Accounting

Watchdog: Illinois fiscal health 2nd worst in nation

09/25/2019
Illinois politicians have too often ignored the necessity of true pension reform and instead opted for tax hikes.

TAGS: budget, debt, taxes, Truth in Accounting

Sinkhole city: Financial watchdog again gives Chicago an ‘F’ in finances

By Vincent Caruso
11/02/2018
An annual analysis of Chicago’s finances finds the city’s debt burden continues to weigh heavily on the shoulders of taxpayers.

TAGS: budget, Chicago, municipal pensions, pensions, property taxes, Rahm Emanuel, taxes, Truth in Accounting

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Labor / Research Report

Above the law: Amendment 1 would let government unions void over 350 Illinois laws


Amendment 1 would allow government unions to nullify hundreds of Illinois statutes – including laws aimed at protecting school children – simply by contradicting them in union contracts.

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Report Archive

Labor / Your Story

Ifeoma Nkemdi

Labor / Policy Point

Process for unionizing non-state workers raises red flags

By Paul Kersey
06/19/2014
Illinois Policy In the News

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students

By Ted Dabrowski
05/02/2016

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